Harris Williams Consumer Update

Cosmetic Executive Women Global Trends Report

Increasing consumer demand, low barriers to entry, and high levels of fragmentation are creating opportunities for strategic buyers and financial investors in the health and beauty space, according to Kelly McPhilliamy, managing director in Harris Williams’ Consumer Group.

McPhilliamy recently attended the Cosmetic Executive Women (CEW) Global Trends Report event, where industry experts discussed trends in the industry, including rising interest in sustainable products and the impact technology is having on how beauty products are bought and sold.

Key Takeaways

  • Consumers engaged in 23 billion beauty-related Google searches in the U.S. in 2018
  • 87% of Gen-Z shoppers are willing to pay a premium for sustainable health and beauty products
  • In the last five years, the number of U.S. private equity firms in beauty has increased dramatically

See the full article here.

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1. FactSet


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